Category Archives: FX News

Pound to Euro Exchange Rate Forecast as UK-EU Ties Strengthen
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Pound to Euro Exchange Rate Forecast Rises on UK-EU Reset

The Pound to Euro exchange rate is experiencing a mild upswing – and the trend looks set to continue. Despite fading global equity volatility and ongoing inflation concerns, stronger UK-EU ties are lifting sterling sentiment.

Pound Strengthens as UK and EU Near Trade Agreement

A major reset in UK-EU relations is on the horizon, with both sides expected to announce a new agreement that improves trade flows and cooperation.
Historically, the Pound tends to perform better when the UK is seen as closely aligned with Europe – and markets are responding accordingly.

This renewed optimism around trade and political stability is helping to support sterling’s recent gains against the euro.

Dollar Peaks Then Retreats Post US-China Deal

The US dollar initially rallied following the announcement of the US-China tariff deal. However, as the week progressed, those gains faded.
The greenback has since settled into a more stable, range-bound pattern, with markets awaiting further cues on US policy and economic direction.

Key Focus: May Flash PMI Data and Central Bank Insights

Looking ahead, the big market driver in the coming week will be the release of May’s flash PMI readings across major developed economies.
In the Eurozone, additional data includes several sentiment polls and the much-anticipated ECB Monetary Policy Meeting minutes.

These releases will offer insight into how businesses and consumers are faring amid ongoing inflationary pressures and slowing growth concerns.

Busy Data Week for the UK

The UK also has a packed calendar, with reports due on inflation, retail sales, and consumer sentiment.
Each of these indicators will be closely watched to gauge economic resilience – and could play a role in shaping the next move for sterling.

Stay Ahead with Qu Money

As major economic releases and political resets unfold, it’s essential to keep a close eye on currency trends.
Whether you’re hedging risk or seeking opportunity, our team at Qu Money is here to help you navigate market volatility with confidence.

Markets await the UK growth figures forecast as the pound strengthens on US-China trade talks and EU ties. Read today’s update from Qu Money.
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Pound Strengthens as Markets Await UK Growth Figures

It’s a relatively quiet day for economic data, but that hasn’t stopped the pound from gaining ground. Market sentiment remains upbeat ahead of key growth reports tomorrow.

German Inflation Data Meets Expectations

This morning’s sole release was German inflation data, which came in as forecast at 2.1%.
The figures provided no surprises and had little impact on broader market movements, keeping the focus on upcoming events.

Attention Shifts to UK and EU Growth Reports

Tomorrow morning brings the release of UK GDP figures at 7am, followed later in the day by growth data from the EU.
Both will be key indicators of economic momentum and could influence near-term currency movements, particularly for sterling and the euro.

US Retail Sales and Industrial Output in Focus

Across the Atlantic, US retail sales and industrial production figures are due tomorrow.
These releases will be closely watched for clues on the strength of US economic activity, especially as markets weigh the impact of recent trade developments.

Pound Pushes Higher on Positive Sentiment

In the past 24 hours, the pound has strengthened against both the euro and the US dollar.
This uptick is largely driven by renewed optimism surrounding US-China trade negotiations, which have buoyed risk appetite and boosted GBP.

UK-EU Summit Lifts Sterling

Sterling has also benefited from reports that the UK is seeking to deepen ties with the EU, with a summit scheduled for 19th May.
Investors see this as a sign of improving cooperation and longer-term economic stability, supporting demand for the pound.

Plan Ahead with Qu Money

As key growth data and international developments continue to shape currency markets, it’s important to stay informed and responsive.
For expert support in navigating today’s market – or to explore strategies that protect your business from volatility – speak to a Qu Money specialist today.

Dollar Gains on Tariff Talks as Markets Await US Inflation Data
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Dollar Strengthens on US-China Trade Progress as Inflation Data Looms

Yesterday’s major trade news and upcoming US inflation figures are keeping financial markets busy. Here’s what’s moving the currency markets today – and what to watch next.

Tariff Cuts Cement US-China Trade Truce

Following up on earlier reports, the US and China have now formally agreed to slash tariffs on most traded goods.

  • The US will reduce duties on Chinese imports to 30%
  • China will cut taxes on US goods to 10%

This step back from heightened trade tensions has lifted global market sentiment and added support to the US dollar.

Dollar Dominates, Sterling Holds Firm

The dollar was the clear winner in yesterday’s currency trading, gaining between 1% and 1.5% against both the euro and the yen.
Sterling, meanwhile, maintained a slightly firmer tone, buoyed by broader market calm, despite a relatively neutral domestic data release.

UK Labour Market Data Matches Forecasts

This morning’s UK labour figures delivered few surprises:

  • Unemployment edged up to 4.5% in March
  • Average earnings growth slowed to 5.5% year-on-year

Despite the softening in wage growth, the figures landed roughly in line with expectations and had little immediate impact on sterling during early trading.

Focus Shifts to US CPI Inflation Figures

Later today, the spotlight moves to the US, with the release of April’s Consumer Price Index (CPI) data.
Markets expect the headline inflation rate to hold steady at 2.4%, with the core rate unchanged at 2.8%.

These figures will be watched closely for clues on the Federal Reserve’s next move – and any deviation from the forecast could spark fresh volatility in dollar pairs.

Manage Currency Risk with Qu Money

With global trade policy shifts and key inflation data shaping the market outlook, now is a critical time to stay informed.
For expert guidance on how today’s developments could affect your currency exposure – or to take advantage of market opportunities – contact a Qu Money specialist today.

US-China Tariff Deal Lifts Dollar as Markets Await Key UK Data
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US-China Tariff Deal Boosts Dollar as Markets Eye UK Data

Markets are reacting to fresh trade developments today, as the US and China agree to lower tariffs – a move that has already strengthened the US dollar and could support it further once American markets open.

US-China Agree to Temporary Tariff Cuts

Following two days of negotiations, the US and China have reached an agreement to cut tariffs on each other for a 90-day period.
Under the deal:

  • The US will reduce its tariffs on Chinese goods from 145% to 30%
  • China will lower its tariffs on American imports from 125% to 10%

This temporary truce offers relief to markets concerned about escalating trade tensions and signals a possible shift toward more constructive dialogue between the two global powers.

Dollar Strengthens on Trade Optimism

The dollar has firmed in response to the agreement, with further gains possible once US markets open and begin to absorb the implications.
With no major economic data due out today, trade news is likely to remain the key driver of currency movements.

Attention Turns to UK Jobs and Growth Data

With little scheduled on the economic calendar today, market focus will shift to tomorrow’s UK employment figures, followed by GDP growth numbers on Thursday.
The UK economy is expected to show quarterly growth of 0.6% – a potentially positive sign amid broader concerns over economic momentum.

Stay Prepared with Qu Money

In a market environment shaped by global trade talks and upcoming domestic data, it’s important to stay informed and agile.
For tailored insights on how these developments could impact your currency exposure – or to explore strategies to manage volatility – reach out to one of our experts at Qu Money today.

Bank of England Interest Rate Decision and Pound Reaction Amid US Developments
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Pound Drops Ahead of Bank of England Interest Rate Decision

Markets are braced for a busy day, with central bank moves on both sides of the Atlantic shaping sentiment. Here’s what to watch and how it could impact currency markets.

Bank of England Set to Cut Rates

The headline event of the day is the Bank of England’s policy announcement, where a 0.25% interest rate cut is widely anticipated.
The decision will be released at 12:02pm – slightly later than usual – with traders keen to see how the Bank positions itself for the rest of the year.

Beyond the cut itself, the tone of the Bank’s commentary will be closely scrutinised. Any forward guidance on the potential for further rate adjustments before year-end could have a significant impact on sterling.

Pound Slips Overnight on Trade Talk Tensions

Sterling has already weakened overnight, falling around 100 points against the US dollar.
This move followed fresh developments surrounding a potential UK-US trade deal and shifting expectations around future interest rate policy.

Fed Announcement as Expected

Last night, the US Federal Reserve delivered its own policy update – raising interest rates slightly, but offering no major surprises.
With the Fed continuing to tread carefully, investors remain focused on incoming data to gauge the health of the US economy and the likely path of policy.

US Employment Numbers on the Radar

Later this afternoon, markets will digest fresh US employment figures – a key piece of data that could influence both dollar sentiment and global market confidence.

Stay Ahead with Qu Money

With rate decisions, economic data, and political developments all affecting currency movements, now is the time to be proactive.
For personalised insights or to explore strategies to manage currency exposure, speak to one of our experts at Qu Money today.

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